Question for Minimum Wagers

[keith123]

1. most companies don't fire all their minimum wage workers when there is a marginal minimum wage hike.

2. there are an excess of minimum wage jobs, so there aren't a lot of people hanging around waiting to get hired at that wage.

3. they don't strike because they would lose their homes in the meantime and the difference between the rubber band companies screwing the consumer and minimum wage employers screwing people out of their livelihoods is too obvious to discuss here.

4. i wouldn't be determining their worth. companies that employ them would be. however they would be determining worth by looking at the marginal profit of hiring an extra person.

5. you and your co-workers left your company. would you have left that job if the only job you could get was also at a 15% salary decrease, and even if you did, what would be the point? this is what minimum wage workers face.

6. sure some would do one thing, others other things. but the vast majority would keep their jobs because the alternative is losing their homes (apartments more likely) if they quit their jobs. and you are right, at some point they would lower the minimum wage to a point where not enough people were willing to work at all, because it wouldn't make a difference what those people chose to do. they would lose their homes either way.